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Areli Commerce Private Limited - consumer services in Ahmedabad, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2023
₹82.59 Cr
▲ 106% YoY
Net loss · FY 2023
₹10.61 Cr
Net margin -12.8%
EBITDA · FY 2023
-₹13.82 Cr
EBITDA margin -16.7%
Authorised capital
₹2 Cr
Registered with MCA
Paid-up capital
₹1.45 Cr
Issued & subscribed
Open charges
₹2 Cr
Satisfied ₹2 Cr
Company age
7 yrs
Est. 2019
Employees · EPFO
35
Provident fund records
About Areli Commerce Private Limited
Data last updated:
Areli Commerce Private Limited is a private limited company based in Ahmedabad, Gujarat, India, recognised as a startup by DPIIT. It operates in the hypermarkets and large retail chains segment of the consumer services sector. It was incorporated on 15 May 2019 and has been in existence for over 7 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U46901GJ2019PTC108165. Its GSTIN is 24AASCA2853J1ZE (Gujarat). The company holds 2 GST registrations, all of them active.
The company has an authorised share capital of ₹2 Cr and a paid-up capital of ₹1.45 Cr. It is led by directors Ashish Anilkumar Handa and Sameer Gandotra.
Its last annual general meeting (AGM) was held on 30 September 2023, and its latest financial statements are for the year ended 31 March 2023. The registered office is at 302 Aarohi Verve Bopal Ambli Junction S P Ring Road Ambli, Ahmedabad, Gujarat, India – 380058.
As per the financials filed for FY 2023, the company reported a revenue of ₹82.59 Cr, a growth of 106% compared to the previous year. For the same year it recorded a net loss of ₹10.61 Cr (net margin -12.8%) and EBITDA of -₹13.82 Cr (EBITDA margin -16.7%). Revenue has grown at a compounded annual rate (CAGR) of 350% over three years.
The company has about 35 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: Frendy. As per MCA filings, the company has open charges of ₹2 Cr and satisfied charges of ₹2 Cr on record. Court records list 1 case involving the company, including 1 filed against it; 1 case is pending. The company has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹54.28 Cr; the latest was in November 2023. Its 5 peer companies in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading) are compared by revenue, 3 larger and 2 smaller; the largest is Firki Wholesale Private Limited with revenue of ₹84.41 Cr.
Areli Commerce Private Limited is registered as a medium enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-01-0217345). The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website frendy.in.
Company details
CIN U46901GJ2019PTC108165
Registration Number 108165
Incorporation Date 15 May 2019
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2023
Date of Balance Sheet 31 March 2023
Compliance Status Active Compliant
DPIIT Recognition Recognised Startup
MSME Classification Medium
Udyam Registration UDYAM-GJ-01-0217345
CIN history
Areli Commerce has one previous CIN (Corporate Identification Number): U52520GJ2019PTC108165. The current CIN is U46901GJ2019PTC108165, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U46901GJ2019PTC108165 | Current |
| U52520GJ2019PTC108165 | Previous |
Recognitions & Rankings of Areli Commerce
MSME (Udyam registered) Ministry of MSME
- Category
- Medium (2024-25)
- Udyam number
- UDYAM-GJ-01-0217345
Contact details
Areli Commerce Private Limited's registered office is in Ahmedabad, Gujarat. Its website is frendy.in. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address302 Aarohi Verve Bopal Ambli Junction S P Ring Road Ambli, Ahmedabad, Gujarat, India – 380058
- IndustryConsumer Services, Hypermarkets & Large Retail Chains
To see the full contact details of Areli Commerce Private Limited, buy the company report.
Comprehensive company report
Areli Commerce Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Secure checkout · GST invoice included
Business activity
The main business activity of Areli Commerce is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
To see the full business activity and turnover split of Areli Commerce Private Limited, buy the company report.
Financials of Areli Commerce Private Limited
FY 2023 filings availableAreli Commerce Private Limited reported revenue of ₹82.59 Cr (up 106% YoY) for FY 2023.
Revenue · FY 2023
₹82.59 Cr ▲ 106%
Net loss · FY 2023
₹10.61 Cr margin -12.8%
EBITDA · FY 2023
-₹13.82 Cr margin -16.7%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▲ 106%
3 years · compounded
▲ 350%
EBITDA CAGR growth
1 year
▼ 73%
3 years · compounded
▼ 43%
Revenue has grown at a compounded annual rate (CAGR) of 350% over three years, including 106% growth in the latest year. EBITDA fell 73% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profit and Loss Statement | ||||
| Revenue from Operations | ||||
| Other Income | ||||
| Total Revenue | ₹82.59 Cr | |||
| Cost of Materials Consumed | ||||
| Employee Benefit Expense | ||||
| Finance Costs | ||||
| Depreciation and Amortisation | ||||
| Other Expenses | ||||
| Total Expenses | ||||
| EBITDA | -₹13.82 Cr | |||
| Profit Before Tax | ||||
| Tax Expense | ||||
| Net Profit (PAT) | -₹10.61 Cr | |||
| Balance Sheet | ||||
| Share Capital | ||||
| Reserves and Surplus | ||||
| Net Worth (Total Equity) | ||||
| Long-term Borrowings | ||||
| Short-term Borrowings | ||||
| Trade Payables | ||||
| Total Liabilities | ||||
| Fixed Assets | ||||
| Investments | ||||
| Inventories | ||||
| Trade Receivables | ||||
| Cash and Bank Balance | ||||
| Total Assets | ||||
Financial Ratios
| Metrics | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|
| Profitability | ||||
| EBITDA Margin | -16.7% | |||
| Net Profit Margin | -12.8% | |||
| Return on Equity (ROE) | ||||
| Return on Capital Employed (ROCE) | ||||
| Return on Assets (ROA) | ||||
| Liquidity and Debt | ||||
| Current Ratio | ||||
| Quick Ratio | ||||
| Debt-to-Equity Ratio | ||||
| Interest Coverage Ratio | ||||
| Efficiency and Growth | ||||
| Asset Turnover | ||||
| Receivable Days | ||||
| Payable Days | ||||
| Inventory Days | ||||
| Revenue Growth | ||||
| Net Profit Growth | ||||
To see the full financial statements and ratios of Areli Commerce Private Limited, buy the company report.
Board of directors of Areli Commerce Private Limited
Areli Commerce has 2 directors on record. No former directors are listed.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ashish Anilkumar Handa | Director | 15 May 2019 | 7 Years 5 Months | Current |
| Sameer Gandotra | Director | 15 May 2019 | 7 Years 5 Months | Current |
Peer comparison
Areli Commerce Private Limited is compared with the 5 companies closest to it by revenue in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Firki Wholesale Private Limited | ₹84.41 Cr (FY 2024) | 33.0% | New Delhi, Delhi, India | |||
| Teleone Consumers Product Private Limited | ₹84.15 Cr (FY 2024) | -17.0% | Delhi, India | |||
| Keval Exports Private Limited | ₹83.79 Cr (FY 2025) | 40.0% | Vashi, Maharashtra, India | |||
| Areli Commerce Private Limitedthis company | ₹82.59 Cr (FY 2023) | -₹10.61 Cr | -12.8% | 106.0% | 35 | Ahmedabad, Gujarat, India |
| Dynamic Beneficial Accord Marketing Private Limited | ₹79.92 Cr (FY 2025) | -30.0% | Gurgaon, Haryana, India | |||
| Trendsutra Client Services Private Limited | ₹79.74 Cr (FY 2021) | -14.0% | Thane, Maharashtra, India |
To see the full peer comparison of Areli Commerce Private Limited, buy the company report.
Auditor
Areli Commerce Private Limited is audited by JAIN P.C. & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JAIN P.C. & ASSOCIATES | FY 2023 | 126313W |
Shareholding
The shareholding of Areli Commerce Private Limited is on record for 4 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|
| Promoters | ||||
| Domestic institutional investors (DII) | ||||
| Foreign institutional investors (FII) | ||||
| Public | ||||
| Others |
To see the full shareholding pattern of Areli Commerce Private Limited, buy the company report.
Charges & borrowings
Open charges
₹2 Cr
Satisfied charges
₹2 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 13 Jun 2024 | 100943179 | Others | ₹2 Cr | Satisfied |
To see the full charge records of Areli Commerce Private Limited, buy the company report.
Total charge records: 1 View all charges
Deals & funding
Areli Commerce Private Limited has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹54.28 Cr; the latest was in November 2023.
Total deals
8
Funding rounds
5
Secondary share transfers
2
Rights issue
1
Disclosed funding
₹54.28 Cr
Deals on record (5 of 8)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2023 | Funding round | ₹16.68 Cr | Investors: Desai Ventures, Auxano, 2 individuals |
| Mar 2022 | Secondary share transfer | Undisclosed | Buyer: Pacneb Consultrade LLP Seller: Pacifica Infraplus LLP |
| Dec 2021 | Funding round · Series A | ₹10 Cr | Investors: 4 individuals |
| Nov 2021 | Rights issue | ₹13.53 Cr | Investors: Pacifica Infraplus LLP , an individual |
| Oct 2021 | Secondary share transfer | Undisclosed | Buyer: Pacneb Consultrade LLP , an individual Seller: Pacifica Infraplus LLP |
To see the full deal history of Areli Commerce Private Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Areli Commerce Private Limited has 1 court case on record: 1 filed against it. All case is pending.
Total cases
1
Filed against the company
1
Pending
1
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 1 | 1 | 1 |
Cases on record (1 of 1)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Madhya Pradesh | Interim or miscellaneous application | Filed against the company by The New India Insurance Company Ltd | Pending |
To see the full case history of Areli Commerce Private Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Areli Commerce Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Employees & EPFO
Areli Commerce Private Limited has a workforce of 35 employees on its EPFO records as of Mar 28, 2024, across 1 active EPFO establishment.
Employee count
35
Active EPFO establishments
1
Employee growth
45.83%
GST
Areli Commerce has 2 GST registrations: 2 active.
Total GSTINs
2
Active
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AASCA2853J1ZE | Gujarat | Active | 14 Jun 2019 |
| 23AASCA2853J1ZG | Madhya Pradesh | Active | 02 Dec 2022 |
To see the full GST registrations and return filing status of Areli Commerce Private Limited, buy the company report.
Recent activity
Areli Commerce Private Limited has 2 board changes on record since 2019: 2 appointments. The latest: Ashish Anilkumar Handa was appointed as Director on 15 May 2019.
Charges
A charge registered on 13 Jun 2024 via Charge ID 100943179 with Others was fully satisfied on 25 Apr 2025.
Charges
A charge with Others amounted to Rs. 2.00 Cr with Charge ID 100943179 was registered on 13 Jun 2024.
AGM
Areli Commerce Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.
Filing
Areli Commerce Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Ahmedabad.
Appointed
Ashish Anilkumar Handa was appointed as Director.
Appointed
Sameer Gandotra was appointed as Director.
Incorporation
15 May 2019
Areli Commerce Private Limited was registered on 15 May 2019 with Roc Ahmedabad & aged 7 years 5 months as per MCA records.
News
Frequently asked questions
Areli Commerce is an active private limited company based in Ahmedabad, Gujarat, India. The company works in hypermarkets and large retail chains, within the consumer services industry. It was incorporated on 15 May 2019 (7+ years old) and is registered under CIN U46901GJ2019PTC108165.
Areli Commerce has 2 current directors:
- Ashish Anilkumar Handa - Director
- Sameer Gandotra - Director
The latest financial statements of Areli Commerce on record with the MCA are for the year ended 31 March 2023. Its last annual general meeting was held on 30 September 2023. Year-wise statements from FY 2020 are in the company report.
The GSTIN of Areli Commerce is 24AASCA2853J1ZE, registered in Gujarat. The company has 2 GST registrations in all, of which 2 are active. Other active GSTINs include 23AASCA2853J1ZG (Madhya Pradesh).
The CIN (Corporate Identification Number) of Areli Commerce is U46901GJ2019PTC108165. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Areli Commerce has 1 court case on record: 1 filed against it. 1 is pending.
Areli Commerce was incorporated on 15 May 2019, making it 7+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Areli Commerce has 8 deals on record (5 funding rounds, 2 secondary share transfers, 1 rights issue), with disclosed funding of ₹54.28 Cr; the latest was in November 2023.
The peers of Areli Commerce by revenue are Firki Wholesale Private Limited, Teleone Consumers Product Private Limited, Keval Exports Private Limited, Dynamic Beneficial Accord Marketing Private Limited, Trendsutra Client Services Private Limited, all in the Ecommerce and Internet industry (Broad Based Ecommerce), with the same principal business activity (wholesale trading).
Ashish Anilkumar Handa was appointed as Director on 15 May 2019. Sameer Gandotra was appointed as Director on 15 May 2019.
Yes, Areli Commerce is recognised as a startup by the Department for Promotion of Industry and Internal Trade (DPIIT).